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Stock futures drop as trade tensions spark recession fears, flight to safety - Metro US

Stock futures drop as trade tensions spark recession fears, flight to safety

Reuters

(Reuters) – U.S. stocks opened slightly lower on Monday as weakness from the previous month due to trade disputes spilled over while fears of regulatory scrutiny on high-profile companies Alphabet and Amazon also weighed on sentiment.

The Dow Jones Industrial Average rose 15.12 points, or 0.06%, at the open to 24,830.16. The S&P 500 opened lower by 0.53 points, or 0.02%, at 2,751.53. The Nasdaq Composite dropped 11.93 points, or 0.16%, to 7,441.22 at the opening bell.

(Reporting by Medha Singh in Bengaluru; Editing by Saumyadeb Chakrabarty)

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